ED attaches over ₹17cr Amnesty India assets in money laundering case
India
Published: Wednesday, February 17, 2021, 0:09 [IST]
New Delhi, Feb 16:The Enforcement Directorate on Tuesday said it has attached over Rs 17 crore bank deposits in connection with its money laundering case against two entities of Amnesty International (India), the global human rights watchdog.
The agency said in a statement that a provisional order has been issued under the Prevention of Money Laundering Act (PMLA) attaching bank accounts of Amnesty International India Pvt Ltd (AIIPL) and Indians for Amnesty International Trust (IAIT) .
It said both the entities have acquired the proceeds of crime and layered the same in the form of various movable properties. The order involves attachment of movable properties worth of Rs 17.66 crore being proceeds of crime .
Enforcement Directorate attaches properties of Amnesty International
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Last Updated: Feb 16, 2021, 09:09 PM IST
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Synopsis
The Central Bureau of Investigation in November 2019 had raided the Bengaluru and New Delhi offices of Amnesty International India Pvt Ltd. The raids were carried out a year after the Enforcement Directorate had raided two premises of Amnesty International over alleged violation of India’s foreign exchange laws.
ED attaches properties worth RS 17.66 cr of Amnesty International India
NEW DELHI: The Enforcement Directorate (ED) has provisionally attached movable properties worth Rs 17.66 crores belonging to Amnesty International India Pvt Ltd and others. The properties have been attached by the federal agency over alleged irregularities in foreign funding in connection with violation of Foreign Contribution Regulation Act (FCRA).
ED to attach Amnesty International properties worth Rs 17.66 crore
ED found that Amnesty International India Pvt Ltd and others had obtained foreign remittances to the tune of Rs 51.72 crore in the guise export of services and FDI from Amnesty International (UK)
Dipak Mondal | February 16, 2021 | Updated 23:40 IST
Enforcement Directorate (ED) has issued provisional attachment order to attach movable properties of Amnesty International India worth Rs 17.66 Crores. The attachment order, issued under Prevention of Money Laundering Act, 2002 (PMLA), is for attaching bank accounts of Amnesty International India Pvt Ltd and Indians for Amnesty International Trust (IAIT) as both the entities have allegedly acquired the proceeds of crime and layered the same in the form of various movable properties.
After FCRA licence cancellation, they adopted another route to receive money: ED
The Enforcement Directorate has attached ₹17.66 crore kept in the bank accounts of the Amnesty International India Private Limited (AIIPL) and the Indians for Amnesty International Trust (IAIT) in connection with a money-laundering case.
The ED probe is based on an FIR registered by the CBI against the AIIPL, the IAIT, the Amnesty International India Foundation Trust (AIIFT) and the Amnesty International South Asia Foundation (AISAF), under various provisions of the IPC and the Foreign Contribution (Regulation) Act.
According to the agency, the AIIFT had been granted permission under the Act during 2011-12 for receiving foreign contributions from the Amnesty International-United Kingdom. However, it was cancelled on the basis of adverse inputs received from security agencies.